485 Rivera Street A, Riverside, CA 92501
Commercial property · 2 recorded sales since 2016
Sold June 2023
Listing Agent: Robert Mendez (DRE #01971883) · Listing Office: Realty Masters & Associates · Contact: 951-384-6600 · Bought with: Robert Mendez · Realty Masters & Associates · MLS #IG23074776 · Source: CRMLS
About this commercial property
485 Rivera St, Unit A is an industrial condo consisting of approximately +/-5,856 square feet of both Warehouse and Office Space. The unit features a 14-foot clearance roll-up door, additional Showroom, Conference Room, Break Room, 3 Restrooms, and Multiple Offices making it very versatile for operating several Businesses types. The location of the complex is highly accessible, with easy access to major transportation routes, including the 91, 215, and 60 freeways. The property also comes with Fire Sprinklers, an advanced security system, and a robust electrical service of 600 amps/277 - 480v 3 phase power. Ownership spent upwards of $150k in upgrades in 2020, including 600 SF addition to the original floorplan, which was all done professionally and up to code (hence tax records showing 5,256 SF). Unit A is conveniently fronting the cul-de-sac on the street for additional Street Parking, along with Exclusive Parking Spaces right in front of the entrance. Ownership's business will vacate the property officially by 08/01/2023 allowing an investor to select a new Tenant at Market Rate and preferred Terms, OR, a perfect opportunity for a User to grow their wealth and operate their own facility. The complex is professionally managed by Marwest Commercial with a fee of $345/month. Buyer's and Brokers to due their own Due Diligence to satisfy themselves as to the validity of any and all marketing information.
Listing description from the June 2023 sale, as reported to CRMLS.
Sale history
